Tremont, New York, NY—10457
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tremont, New York, NY
As of Oct '25, the median home price in Tremont, New York, NY is $473,000, with a year-over-year change of 0.6%. This indicates that home prices in Tremont, New York, NY are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $473,000 | 0.6% |
| Single Family | $588,000 | 3.0% |
| Condos | $169,000 | -18.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Tremont, New York, NY
As of July '25, Rentcast reports the average rent in Tremont, New York, NY is $3,230, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Tremont, New York, NY is studios: $2,350, 1-bedrooms: $2,120, 2-bedrooms: $2,000, 3-bedrooms: $3,320, 4-bedrooms: $3,930. The most common rental property sizes in Tremont, New York, NY are 2-bedroom and 1-bedroom, accounting for 38.1% and 33.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,460 | $3,230 |
| Studio Rent | $2,350 | $2,350 |
| 1 Bed Rent | $1,750 | $2,120 |
| 2 Bed Rent | $2,000 | $2,000 |
| 3 Bed Rent | $3,460 | $3,320 |
| 4 Bed Rent | $4,070 | $3,930 |
% of Rental Stock
Property Listings — Tremont, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Tremont, New York, NY is 60. This is a increase of 60.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $652,000 | -17.0% |
Listing Count | 21 | 12.0% |
| Listings as % of Homes | 0.1% | 12.0% |
Days on Market | 60 | 60.0% |
Demographics — Tremont, New York, NY
As of the latest ACS Survey released in 2023, Tremont, New York, NY has a population of 79,400, which has increased by 6.5% over the past 5 years. Tremont, New York, NY is a popular place for families, as children make up 28.3% of the population. The area has a poorly educated workforce, with 14.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 79,400 | 6.5% |
% Under 18 | 28.3% | -7.8% |
% Seniors | 9.5% | 4.4% |
% WFH | 5.9% | 34.1% |
% w/ College Degree | 14.9% | 17.3% |
As of the latest ACS Survey released in 2023, Tremont, New York, NY is a predominantly hispanic area, with 63.2% of the population identifying as hispanic. The hispanic population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Tremont, New York, NY is black, making up 41.7% of the population. Foreign-born residents account for 38.6% of the population in Tremont, New York, NY, and this percentage has decreased by 3.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 1.9% | 35.7% |
% Black | 41.7% | 3.7% |
% Hispanic | 63.2% | -5.1% |
% Asian | 0.7% | -22.2% |
% Foreign Born | 38.6% | -3.5% |
Mortgage and Risk — Tremont, New York, NY
According to HUD data as of 2023, there were 45 mortgage originations in Tremont, New York, NY, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Tremont, New York, NY. Investor activity is high, as 18.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 45 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 18.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Tremont, New York, NY
As of 2024, the percent of homes in Tremont, New York, NY under the Section 8 program is 25.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Tremont, New York, NY, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 6,978 |
Total Units Section 8 | 6,229 |
% Rentals under Section 8 | 25.2% |
% Occupied Section 8 | 86.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $460 | $1,750 | $2,210 |
| 2 Bedroom | $480 | $2,000 | $2,480 |
| 3 Bedroom | -$360 | $3,460 | $3,100 |
| 4 Bedroom | -$740 | $4,070 | $3,330 |
Affordability — Tremont, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.6 |
| Median Home Price | $473,000 |
| Median Household Income | $44,900 |